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Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 1,530,000 $ 1,720,000 $ 1,560,000 $ 2,100,000
Suppose a firm has had the following historic sales figures. |
Year: | 2009 | 2010 | 2011 | 2012 | 2013 | ||||||||||
Sales | $ | 1,530,000 | $ | 1,720,000 | $ | 1,560,000 | $ | 2,100,000 | $ | 1,850,000 | |||||
What would be the forecast for next years sales using regression to estimate a trend? |
Next years sales _______________ | $ |
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